NASDAQ:ZS - Zscaler Stock Price, Forecast & News

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Zscaler Inc (NASDAQ:ZS) released its quarterly earnings results on Tuesday, December, 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.11. The business earned $93.59 million during the quarter, compared to the consensus estimate of $89.81 million. Zscaler had a negative return on equity of 11.23% and a negative net margin of 11.45%. The business's quarterly revenue was up 47.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.01 EPS. View Zscaler's Earnings History.

Zscaler is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Zscaler.

Zscaler updated its FY20 earnings guidance on Tuesday, December, 3rd. The company provided earnings per share (EPS) guidance of $0.13-0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.15. The company issued revenue guidance of $405-413 million, compared to the consensus revenue estimate of $403.00 million.

19 brokerages have issued 1-year price targets for Zscaler's stock. Their forecasts range from $40.00 to $89.00. On average, they expect Zscaler's stock price to reach $62.11 in the next year. This suggests a possible upside of 4.5% from the stock's current price. View Analyst Price Targets for Zscaler.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 2 sell ratings, 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Zscaler.

News headlines about ZS stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Zscaler earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Zscaler.

Zscaler saw a increase in short interest in December. As of December 13th, there was short interest totalling 14,600,000 shares, an increase of 5.3% from the November 28th total of 13,860,000 shares. Based on an average trading volume of 2,410,000 shares, the short-interest ratio is presently 6.1 days. Approximately 22.2% of the company's stock are sold short. View Zscaler's Current Options Chain.

Some companies that are related to Zscaler include Verisign (VRSN), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), Obic (OBIIF), EPAM Systems (EPAM), Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), PROS (PRO), Endava (DAVA), Sogou (SOGO), Perficient (PRFT), Virtusa (VRTU), Formula Systems (1985) (FORTY) and Glu Mobile (GLUU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Twilio (TWLO), Okta (OKTA), Alibaba Group (BABA), Square (SQ), salesforce.com (CRM), Trade Desk (TTD), Paypal (PYPL), Netflix (NFLX) and Walt Disney (DIS).

(ZS) raised $110 million in an initial public offering on Friday, March 16th 2018. The company issued 10,000,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

Zscaler's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.56%), Red Spruce Capital LLC (0.02%), Alpine Global Management LLC (0.01%), Wedbush Securities Inc. (0.01%), Sciencast Management LP (0.01%) and FNY Investment Advisers LLC (0.00%). Company insiders that own Zscaler stock include Amit Sinha, Andrew William Fraser Brown, Charles H Giancarlo, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View Institutional Ownership Trends for Zscaler.

ZS stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Red Spruce Capital LLC, Alpine Global Management LLC, Sciencast Management LP, FNY Investment Advisers LLC, Wedbush Securities Inc., Winslow Evans & Crocker Inc. and IFP Advisors Inc. View Insider Buying and Selling for Zscaler.

Shares of ZS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ZS stock can currently be purchased for approximately $59.43.

Zscaler has a market capitalization of $7.60 billion and generates $302.84 million in revenue each year. The company earns $-28,660,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Zscaler employs 1,480 workers across the globe.View Additional Information About Zscaler.

The official website for Zscaler is http://www.zscaler.com/.

Zscaler's mailing address is 110 ROSE ORCHARD WAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-533-0288 or via email at [email protected]